store the output of wget in a different directory

[Kamaraju S Kusumanchi <kamaraju@bluebottle.com>]

I am wondering if it is possible to store the output of wget in a different
directory than the current directory in one single command. 

Say I am in dir1. Instead of doing
wget http://url1
mv url1 dir2

Is there any way to achieve it in one shot? I looked at the man page of wget
but did not see any such option. Such a thing does not exist or am I
missing something trivial?

raju